Prestigious Child Psychological Services Provider for sale!

Asking Price$1,300,000

Cash Flow
$347,815
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,003,834

InventoryNot Disclosed

FF&ENot Disclosed

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Prestigious Child Psychological Services Provider for sale!


Asking Price$1,300,000

Cash Flow
$347,815
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,003,834

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
BUYER MUST BE A NEW YORK STATE LICENSED PSYCHOLOGIST

This practice has earned a tremendous reputation over the past two decades being in business. Trusted by pediatricians, therapists, and local school officials, this office generates all business via word of mouth/referrals and does not perform any advertising.

Services offered include:
-Psychoeducational Testing
-Speech and Language Therapy
-Executive Functioning Tutoring
-Cognitive-Behavioral Therapy (CBT)

This is an attractive business model given almost all customer payments are made upfront at the start of service. The clientele is predominately from affluent socioeconomic backgrounds, insurance is not accepted.

The current owner/seller is in the office 4 days a week (32hrs/week). Responsibilities (which will need to be replaced upon the Dr.'s exit) include:

-Customer Scheduling
-Parent Interview/initial consultation
-Staff psychologist oversight/review of reports and patient plan oversight

There are several staff members that have been employed for 10+ years... there is a strong infrastructure in place.

Estimated Working Capital Requirement of $50K... not included in sale.
About the Business
Years in Operation
24
Facilities & Assets
23 years in same location. $4600/month

Side 1: 7 offices + a waiting room. Testing/therapy is conducted here.

Side 2: Two offices, utilized for administrative purposes.
Market Outlook / Competition
Goodwill/reputation is unparalleled. They have performed evaluations for schools in the past which is non-standard, a true testament to their quality services.
Opportunities for Growth
-All Word of mouth/referrals from pediatricians, therapists, schools. Advertising will generate more business
-Testing should always be a core component/foundation, however adding additional therapy services/sessions is a growth opportunity
-Executive function tutoring/coaching is another service line with large growth potential
Real Estate
Owned or Leased
Leased
Rent
$4,600.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller is looking for a smooth transition. Willing to work for up to one year.
Listing Info
ID
2428215
Listing Views
15

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Business Listed by: Matt Lyna NJ Broker Plus LLC.

Listing ID: 2428215 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.